Kripto Mevsimi2022-05-27

Around %55 of the BTC supply is still in profit

BTC supply profit is around %55. When we compared with previous cycles since 2017-2018 top this is the situation; - In 2017/2018 top from 20K to 6K it took around 184 days and we came to the %55 profit in supply. - After these 184 days with %67 drop in price action, then we have seen additional 147 days boring price action. - Then we got another %30-50 drop(capitulation) and we have seen the last drop and profit % seen the %40-41. In 2019 top; - In 2019 local top from 12-13K to 6-7K it took around 151 days and we came to the %55 profit in supply. - After these 151 days with %51 drop in profits, then we have seen additional 101 days boring price action. - Then we got another %30-50 drop(capitulation) and we have seen the last drop and profit % seen the %40-41. In 2021-2022 - We have seen %58 drop in price. Profits have been decreased to %55 and it took 213 days. Next; - 2-3 months of boring price action. - Then last capitulation possible with %30-%50 additional price drop.